- GlobalBlock Digital Asset Trading Limited (BLOK) has launched the first of its new products: GB10
- GB10 allows instant investment into a diversified portfolio of the top 10 cryptocurrencies weighted by market cap
- GlobalBlock is a holding company whose wholly-owned operating subsidiary, GlobalBlock Europe, UAB, is a European Union-based digital asset broker
- GlobalBlock Digital Asset Trading Limited (BLOK) is unchanged on the day, trading at $0.065 per share at 2 pm ET
GlobalBlock Digital Asset Trading Limited (BLOK) has launched the first of its new products: GB10.
GB10 allows instant investment into a diversified portfolio of the top 10 cryptocurrencies weighted by market cap that is then rebalanced at the start of each month. This provides investors with balanced exposure to a basket of digital assets with growing momentum and is ideal for those wishing to have some exposure to crypto across the largest, most established cryptocurrencies.
David Thomas, the new CEO of GlobalBlock, commented on the launch.
“After significant investment in our tech with the recent launch of our new mobile app, which continues to see strong downloads and conversion rates, we are pleased to bring GB10 to market. Our decision to create this product was in response to demand from existing clients and the realization that many investors entering or currently in the crypto space want a product that gives a broad entry point to the most established crypto projects. The GB10 product is the first of a few products we are looking to bring to market, so it is great to have this first one launched.”
GlobalBlock is a holding company whose wholly-owned operating subsidiary, GlobalBlock Europe, UAB, is a European Union-based digital asset broker that provides a telephone brokerage service, trading platform and mobile app.
GlobalBlock Digital Asset Trading Limited (BLOK) is unchanged on the day, trading at $0.065 per share at 2 pm ET.